<h1>Best Ways to Retain Your Favorite Talent</h1><p>Finding the right talent is hard, and retaining top talent is even harder. Why retain if there are tons of freelancers out there? Once you find the right talent who understands your goals, values, and expectations, it is worth it to retain them. It will have a huge impact on your business in terms of smooth functioning and best quality work. Ultimately, a good team demonstrates the best collaboration with high-quality results. Let’s figure out the mystery of retaining the top talent.</p><h2><u>Challenge Freelancers with More Opportunities</u></h2><p>Freelancers will stick around if they see growth at work. Mundane tasks can bore them for a long time, compelling them to look for new opportunities outside. One can avoid this situation by letting them do new tasks or asking them which area they would like to explore. The tasks could be as simple as just encouraging them to learn a new skill or look after another business area. On the contrary, nothing should stop you from discussing your plans with them about a pay increase.</p><h2><u>How You Have Been Treating Them Goes Long Way</u></h2><p>It is a long process that starts from zero. We need to understand that humans are more productive when they feel valued. They flourish if treated with respect. It always works both ways. Build long-term relationships with freelancers to ensure they are willing to work when you need them.</p><h2><u>Appreciate A Job Well-done</u></h2><p>Everyone feels motivated when appreciated for good work. The same applies to freelancers as well. Appreciate when they impress you with their work or even attitude. Job satisfaction is a sign of happy freelancers.</p><h2><u>Pay Them On Time</u></h2><p>One of the major concerns of freelancers is either not getting paid or irregular payments. Pay them on schedule to make them feel valued and gain their trust. No one wishes to work with someone who needs to be chased for the payment.</p><h2><u>Constructive Feedback</u></h2><p>Unless you communicate with them about what went well and what went wrong, how would the freelancers improve? Similarly, ask for their feedback too. There is always room for improvement.</p><h2><u>Give Them A Second Chance</u></h2><p>When freelancer commits a mistake, be open to their faults and give them a second chance to learn from their mistakes. Consider this as a step to let the freelancer know that you trust their talent.</p><h2><u>Hire Them If Possible</u></h2><p>Hiring could be optional depending on your business. It would still be a good idea if you wish to be the only one for that talented freelancer. If you have a requirement and an established business, hire them full-time for job stability.</p><h2><u>Don’t Dump Everything At Once</u></h2><p>Another way to retain freelancers is to gradually delegate more responsibilities. Talk to them about how they want to grow in their career and what interests them. This attitude will make them realize that you are considerate and realistic.</p><h2><u>Regularly Communicate</u></h2><p>Regular conversations help freelancers understand what’s happening in the team and the progress of the project. The intention is not to micromanage but to make them feel a part of the team.</p><p>It isn't rocket science to be able to retain your favorite talent. Yes, it indeed needs a bit of effort. Freelancers work remotely and that has its pros and cons. Hiring freelancers over full-time workers is a win-win situation. You can skip all the overhead costs such as leave, insurance, and other compensation benefits. At the same time, freelancers enjoy their flexibility too. With all the pros, come cons. Freelancers aren’t bound to any contract. They can work on multiple projects with multiple clients at the same time. Once you have discovered a talented freelancer, remember, the same freelancers are working with your competition too. No business would want to lose an amazing worker who is an asset to your company. Other businesses are also looking for the same talent. It happens a lot even with the employees when hired are valued and later businesses do not pay much attention to ensure they’ll stay. This remains the same for the freelancers. The process of retaining the right talent is as important as hiring. When you want to grow, you need a reliable and talented team of freelancers which requires continuous effort. One can scale their business only when they can retain their favorite talent. If you haven’t, then start today!</p>

Finding the right talent is hard, and retaining top talent is even harder. Why retain if there are tons of freelancers out there? Once you find the right talent who understands your goals, values, and expectations, it is worth it to retain them. It will have a huge impact on your 

Often in a fast-paced environment, businesses forget how valuable their resources are. Show them you value them to get rewarding returns. The key is to win their loyalty.